According to latest reports, youTube has exceeded mySpace in web traffic:
http://technology.guardian.co.uk/news/story/0,,1834036,00.html

With a similar article I posted a while back about mySpace exceeding google, I guess it means youTube is the head honcho these days

Just an FYI

They are yet to beat google in revenue, I'm sure.

Here's a fact about Internet advertising that you seem to know. Return visitors are not very profitable. That's right, not even on Nairaland. You make more by showing an ad to 100 people than showing it to one person 100 times!

Youtube's decline is inevitable, because its traffic is built on massive copyright violation. Just like Napster:
http://www.blogmaverick.com/2006/09/17/the-coming-dramatic-decline-of-youtube/

In the meantime, the $$ will keep rolling in, the smart ones will cash out, make their millions/billions, invest it in something else and go retire on some island somewhere

Well, that's how scammers operate. You pump it and you dump it. Real businessmen build stuff that lasts.

Weeeell,

I think that is right to an extent - there are those pple, at least in the states, who start a biz for the explicit purpose of cashing out and who may not care in any way wat happens to the biz afterwards.

Example: Mark Cuban, http://en.wikipedia.org/wiki/Mark_Cuban, started a company, cashed out his stocks, made his billions and used that money to buy the dallas mavericks (a basketball team). I wouldn't call him a scammer. The examples could go on and on, but thatz not the point here

Ayn Rand may not always be right, though influential

www.alexa.com and www.metricsmarket.com can be used to compare them!